Morton Kondracke: No Deficit by 2012? Political Courage Needed
San Gabriel Valley Tribune › February 10, 2007
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Summary
THE good news on the budget front is that both the Bush administration and Congressional Democrats want to eliminate the deficit by 2012.
The bad news is that they are at daggers-drawn about how to do it. President Bush wants to keep all of his tax cuts alive indefinitely and freeze domestic spending, while Democrats have a huge spending wish list and want to eliminate the tax cuts for the richest Americans.See the full content of this document
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Morton Kondracke: No Deficit by 2012? Political Courage Needed
There's more bad news as Bush prepares to deliver his State of the Union address and unveil his fiscal 2008 budget: Democrats suspect that his balancing act will be based
on overly rosy tax-revenue estimates and on impossiblepolicy assumptions, rendering ...See the full content of this document
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